August 18, 2022 19:46 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Maharashtra: Terror attack foiled? Australian boat with weapons found ahead of festival | Supreme Court asks Centre to take steps to lift AIFF ban | Congress slams Centre for Bilkis Bano rape convicts' release | Property of militant who killed Kashmiri Pandit in Shopian attached | Sexual harassment charge not attracted when woman wears 'sexually provocative dresses': Kerala court
Canada GDP down by 0.1% in January, says Statistics Canada
Image: Wikimedia commons

Canada GDP down by 0.1% in January, says Statistics Canada

India Blooms News Service | @indiablooms | 29 Mar 2018, 08:29 pm

Ottawa, Mar 29 (IBNS): Canada's real Gross Domestic Product (GDP) has gone down by 0.1% in Jan, 2018, according to the Statistics Canada.

The decline in the GDP came by offsetting the growth by 0.2% in Dec, 2017.

The decline has occurred mainly due to the lower output of non-conventional oil extraction and decreased activity in real estate.

The Statistics Canada said the output of 20 industrial sectors were squarely divided between rise and decline.

The largest decline in mining, quarrying, and oil and gas extraction since May 2016.

It has declined by 2.7% in January, 2018.

Following decline in six consecutive months, the real estate and rental has declined by 0.5%.

The GDP in manufacturing, wholesale and retail sectors went up in January.

The manufacturing went up by 0.7% in January; 0.5% in wholesale sectors.

The growth of 0.5% has been recorded in the manufacturing sector in January.

However, the transportation and warehouses have recorded 0.2% decline.


(Reporting by Suman Das)

 

 

Related Images
Easter celebrations in Russia 01 Jan 1970, 05:30 am
Related Videos
Blast near Hafiz Saeed’s residence 24 Jun 2021, 02:06 pm